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Chart Watch: Outerwall gets its exit

OuterwallInc. is getting its exit.

The company recently announced its intent to be taken private by affiliatesof funds managed by Apollo GlobalManagement LLC in a move unanimously by its board. The transaction,an all-cash tender offer valued at $1.57 billion, is expected to close by theend of September.

Late in 2015, the company’s stock took a as it revealed its plans to close its SAMPLEit segments, whichoffered $1 product sample kiosks, and said that then Redbox President MarkHorak planned to step down.

On Feb. 11, following the company’s , shares as low as $25.83. AsRedbox rentals recorded double-digit year-over-year declines, the revenues forthis segment also plunged. The stock, however, has rebounded as the yearunfolded. Shares of Outerwall closed at $46.91 on July 22, the last trading daybefore the $52-per-share Apollo deal was announced.

David Sambur, partner at Apollo, on July 25 expressed hisconfidence in Outerwall, calling it “a dynamic customer-focused business thatdelivers superior kiosk experiences that delight consumers and generate valuefor its retailer partners.”

The charts below detail Outerwall’s recent marketperformance, financial results and a snapshot of the deal terms.

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